News and articles

  • TOKI announces budget housing in Konya

    The Office of Mass Housing Construction TOKI continues to invest at full speed in a program to provide a maximum of residents with average and below average incomes with their own housing. Recall that the goal of this program is to provide 1.2 million residences across the country to those in need by 2023.   So, in Konya, the Konya...

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  • In seven months, rent in Istanbul has increased by 200%

    In the largest Turkish metropolis, a 200% increase in the amount of rent was recorded for the period from January to July 2022. The recent innovation, which does not allow to bully the tariff when extending long-term contracts for the next year, has not yet managed to normalize the situation.    But the tenants are especially upset by...

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  • Banks sell apartments with a starting fee of only 8,000 TL

    Favorable housing prices, which are difficult to find even in promotions from TOKI for the provision of social apartments, were announced by two large Turkish financial organizations at once.    Thus, banks have joined a program that allows as many residents of the country as possible to get a chance to acquire property: after all, the...

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  • The process of changing the address when moving homeowners was simplified

    Constant changes in the rules concerning obtaining a residence permit, especially since the financial threshold for obtaining citizenship under the accelerated procedure was raised from USD 250,000 to 400,000 puzzle homeowners and those who are just planning to buy an apartment in Turkey. Not so long ago, the authorities published a list of areas...

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  • The Beylerbey mansion was rented for 0.6 million for the filming of the series

    The famous Istanbul mansion Beylerbey (Beylerbeyi Sakıp Sabancı) was rented for 600,000 Turkish lira (TL). We did it specifically for the filming of a new Turkish TV series on the territory of the building.    This will be Star TV's first project under a special agreement with OGM Pictures; the filmmakers were attracted by the...

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  • Turkey is the world record holder for house price growth

    In the first quarter of 2022, Turkey became the «leader of the planet» in increasing the cost of residential real estate. This was announced by the international real estate consulting company Knight Frank, presenting a report for January-March.    The study has just been published because the processing took quite a long time: data...

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  • Real estate in Turkey: the main news of the past week – July 30-August 5

    As usual, in Friday's digest we talk about what has especially attracted attention in the news feeds of the relevant Turkish media over the past seven days.    The most important topic for discussion was the rental of housing and the nuances and difficulties associated with it: it overshadowed, perhaps, all the others.    No...

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  • Cheap accommodation from TOKI – now in Alanya

    The TOKI Mass Housing Authority continues to invest in residential real estate across the country as part of a program that aims to build 1.2 million housing units by 2023. Finally, this program got to Alanya, a popular resort in Antalya province.   Residential buildings will be erected in the Alani district of Mahmutlar, in which 250...

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  • Foreigners' interest in housing in Turkey: three key provinces

    Turk Estate has collated the latest information and figures regarding types of housing, where foreigners buy in Turkey, and what they are interested in. Three provinces came to the fore, but... everything in turn. Content: June records Antalya Istanbul Mersin June records We will remind you that in June 2022, real estate sales to...

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  • The poor will be offered preferential housing or social rent

    We have already told you that Turkey was in first place in Europe in terms of the growth rate of housing prices for both sale and rent. According to the updated Housing Price Index published by the country's Central Bank, the average price of 100 square meters of housing exceeded the threshold of 1.5 million Turkish lira (TL). Which makes it...

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